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Gold/Mining/Energy : ASHTON MINING OF CANADA (ACA) -- Ignore unavailable to you. Want to Upgrade?


To: Paul Belecki who wrote (5747)7/21/1998 4:50:00 AM
From: Ann A. List  Read Replies (7) | Respond to of 7966
 
THE RESULTS
ACA DMM
----------------------------------------------------------------------------------

Ore Mined tonnes 5,400,000 3,365,000
Recovered Grade ct/t 0.6 1.03
Carats Produced carats 3,240,000 3,465,950
Av. Value per Carat US$/ct 100 130
Av. Value per Tonne US$/ct 60 134

Cash Cost per Tonne US$/t 9.25 27.00
Cash Cost per Carat US$/ct 15.4 27

Revenue US$ 137,700,000 126,848,000
Operating Costs US$ 28,353,000 25,578,000
Depreciation US$ 17,000,000 11,941,000
Operating Earnings US$ 92,347,000 89,329,000
Gross Margin US$ 67 70

Marketing Costs US$ 10,700,000 6,342,000
Exploration US$ 4,330,000 2,610,000
Interest Expense US$ 11,600,000 6,855,000
Net Income Before Tax US$ 65,717,000 73,522,000
Taxation US$ 28,258,310 34,103,000
Net Profit After Tax US$ 37,458,690 39,419,000
C$ 54,315,101 57,157,550
Earnings per Share C$ 1.66 1.74
Fully Diluted Shares MM 32.8 32.8